Normally, I tell people the cost of replacing a working single speed pump with a VSP is not worth it financially. However, that's here in east Texas with bottom line electric bills around .10 per kwh. The VSP might make sense for you. I don't know your punp, but Pentair says a VSP running at one half speed uses 1/8 as much electricity. You can take the math from there. Full speed for my VS pump is 3450 rpm, but I normally run it at 1600 for eight hours, and that speed is fast enough for the IC40. Also in June 2021 the chlorine shortage was upon us, and I had a Pentair IC40 installed. It's worked fine until November 2022 when it stopped communicating with my Pentair Intelliconnect. If disconnected from automation it still worked. However while waiting to get on the repair schedule for my authorized repair center, the whole IC40 stopped working. It was replaced under warranty. Still doesn't work with the Intelliconnect, and I'm still on the list for that fix. I can adjust the settings manually, and at least it's running.
Consider for new equipment. Pentair's warranty for self installed equipment is VERY limited, compared to authorized pro install. Check that before you buy Pentair (and maybe others) to install yourself. Example, the warranty is 60 days for most Pentair pool equipment self installed, but "extended" for pro installed. So my IC40 warranty was two years but would have been only 60 days if I had installed it myself (assuming I could have done that, which I'm pretty sure I could not.)